MLS: #PAPH2666982, Listed By: Reda Akbil, Compass Pennsylvania, LLC, Source:Bright MLS
890 N 42nd Street
PHILADELPHIA, PA 19104
27
Bed
0
Bath
10,800Sqft
0.11Acre(Lot)
Welcome to 890-892 N 42nd Street, a newer-construction 9-unit multifamily investment opportunity positioned just minutes from University City in Philadelphia’s 19104 zip code. This 2023 newer construction building has been designed around highly functional and desirable 3-bedroom, 2-bathroom residences, the property offers investors a stabilized, turnkey, low maintenance and low taxes through the Philadelphia 10 year tax abatement program and a compelling combination of substantial existing rental income, modern construction, strong tenant appeal, and a predominantly guaranteed voucher-supported rent roll. The property is 100% leased and currently generates approximately $18,701 per month and $224,412 annually in gross rental income. The current rent roll includes a combination of Section
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 27 -
Roofing Information
Flat, Fiberglass -
Interior Features
Roof: Flat, Fiberglass Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 2023 Building Area Total: 10800 Pool Features: None Private Pool: No
-
Lot Information
Lot Size Acres: 0.11 Lot Size Source: Estimated Lot Size Square Feet: 4800
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Listing Price Information
Listing Price: $2999900
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Tax Information
Parcel Number: 881000734 Tax Lot: 458 Tax Year: 2026 Annual Tax: $2617
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Parking Information
None
-
Location Information
Direction: At 42nd st and Westminster Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 743 N Market Street, Philadelphia, PA, 19104 | $525,000 | 4 | -- | 10,368 | 0.08 Acre |
| 3101 Haverford Avenue, Philadelphia, PA, 19104 | $625,000 | 5 | -- | 2,304 | 0.03 Acre |
| 521 N 34th Street, Philadelphia, PA, 19104 | $3,675,000 | 28 | -- | 11,700 | 0.11 Acre |
| 516 N 34th Street, Philadelphia, PA, 19104 | $1,250,000 | 12 | -- | 4,731 | 0.04 Acre |
| 641 N 34th Street, Philadelphia, PA, 19104 | $220,000 | 2 | -- | 1,004 | 0.02 Acre |
| 3414 Spring Garden Street, Philadelphia, PA, 19104 | $829,000 | 6 | -- | 3,214 | 0.09 Acre |
| 3424 Wallace Street, Philadelphia, PA, 19104 | $650,000 | 4 | -- | 3,672 | 0.03 Acre |
| 3602 Powelton Avenue, Philadelphia, PA, 19104 | $1,250,000 | 7 | -- | 3,150 | 0.07 Acre |
| 3627 Powelton Avenue, Philadelphia, PA, 19104 | $985,000 | 6 | -- | 2,712 | 0.07 Acre |
| 623 N 36th Street, Philadelphia, PA, 19104 | $925,000 | 6 | -- | 3,264 | 0.02 Acre |
Similar Multifamily To 890 N 42nd Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 09/27/2026 @ 02:52
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